Friday, August 31, 2018

Banks will have to #39;abort#39; lending to infrastructure sector, power companies, warns SBI

Banks will have to #39;abort#39; lending to infrastructure sector, power companies, warns SBI The power sector loans are facing a slew of problems due to a changes in non-performing assets recognition after the February 12 RBI circular, which was upheld by the Allahabad High Court last week.

from Moneycontrol Business News https://ift.tt/2N2UNbg

No comments:

Post a Comment

US stock: S&P 500 ends lower as investors weigh data, Middle East tensions

The S&P 500's streak came to an end, falling from its peak as weaker retail sales suggested caution among consumers. Despite a stron...